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CAC 40 Dips On US Debt Ceiling Worries
(RTTNews) - French stocks were slightly lower in cautious trade on Wednesday as investors awaited U.S. consumer price inflation data later in the day for additional clues on the Federal Reserve's rate hike path.
Also weighing on sentiment, a high stakes meeting between U.S. President Joe Biden and key lawmakers from both parties on Tuesday yielded no breakthrough on the impasse over the U.S. debt ceiling.
The benchmark CAC 40 was down 15 points, or 0.2 percent, at 7,381 after losing 0.6 percent in the previous session.
Lender Credit Agricole rallied nearly 5 percent after posting a record performance in the first quarter on higher trading revenue.
Train maker Alstom slumped 5.7 percent after delaying its mid-term targets.
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Yen Falls Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Monday as Asian stock markets traded higher, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine and had "largely agreed".
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vor 1Std 47 Minuten
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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vor 1Std 58 Minuten
European Shares Seen Opening Up On Russia-Ukraine Hopes
European stocks are seen opening a tad higher on Monday as hope prevails for a swift resolution to the Russia-Ukraine conflict.
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vor 2Std 7 Minuten
Sensex, Nifty Rally As Automakers Surge On Modi's Big GST Reform Push
Indian shares opened on a buoyant note on Monday after S&P Global Ratings upgraded India's sovereign ratings and Prime Minister Narendra Modi promised next generational GST reforms by Diwali, which will bring down the tax burden on consumers as well as MSMEs.
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vor 3Std 19 Minuten
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in choppy mid-market trading on Monday, after opening in the red and briefly treading in to the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,900.00 level, with weakness in mining and energy stocks.
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vor 4Std 12 Minuten
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine, and had "largely agreed". Asian markets closed mostly higher on Friday.
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vor 4Std 35 Minuten
Sensex, Nifty Seen Higher On Proposed GST Reforms Push
Indian shares look set to open on a positive note Monday after S&P Global Ratings upgraded India's sovereign ratings, citing buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment.
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vor 5Std 9 Minuten
Thai Shares May Tick Lower Again On Monday
The Thai stock market has finished lower in two straight sessions, slipping almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,260-point plateau and it figures to remain rangebound again on Monday.
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vor 5Std 45 Minuten
